There is something special about being able to make a positive difference in the life of a child in need. For the past 12 years VITEK has teamed up with the Sacramento Children’s Home to provide Christmas gifts for children in the home.
The holidays can be hard time for many of these kids, and we are so grateful to our amazing team that, year after year, continue to make the holidays a little brighter for these children. We are happy to report that our employees stepped up once again in a big way to help fulfill these children’s Christmas wishes. Together, our team fulfilled 60 Wish Stars providing 45 gifts and 15 gift cards to children in the home.
Borrowers may now be able to purchase or refinance a home using conventional financing with no appraisal required. This can potentially save you money and time on your next home loan!
- One-unit properties – Single-family homes and condos
- Loan must receive approval from Fannie Mae or Freddie Mac’s automated underwriting system to be considered for the appraisal waiver1
- Purchase – Primary residence and second homes with a down payment of 20% or more2
- Limited Cash-out Refinance – Up to 90% loan-to-value with Fannie Mae and 80% loan-to-value with Freddie Mac2
1Restrictions apply. Appraisal waivers are offered at the discretion of Fannie Mae and Freddie Mac and not all loans may qualify. To be considered for the appraisal waiver, a prior appraisal must already exist in their database for the same property and borrower. 2If an appraisal waiver has been offered to the borrower, the borrower may still choose to obtain an appraisal. If the borrower has chosen to obtain an appraisal, once it has been ordered, the appraisal must be used on the loan and the borrower cannot revert back to accepting the appraisal waiver.
VITEK Mortgage Group is excited to announce our new branch location in Redding, CA. VITEK is no stranger to Redding with a previous successful branch from 2003 – 2011. Mark Gazzigli, VITEK’s former Redding Branch Manager, has returned home to VITEK as Regional Manager to help support the growth of VITEK in the region, along with the needs of our borrowers.
Mark’s decision to return to VITEK was, “driven by the company’s core values, competitive pricing, and unwavering commitment to their borrowers and business partners. I am extremely excited about the opportunity to realign with a company that not only shares my vision of an excellent loan experience for the borrower, but has proven again and again they have the resources, knowledge, and platform to close loans on time.”
VITEK President, Harry Duncan, says, “We’re excited for this time of growth and once again to be established in Redding. Our new location will provide us additional resources and opportunities to grow and better serve the home-financing needs of our clients.”
As you may have heard, Equifax (a US credit bureau) announced a cybersecurity data breach potentially impacting approximately 143 million US consumers. This incident in no way involves VITEK. However, there is important information you should know.
Based on Equifax’s investigation so far, the unauthorized access occurred from mid-May through July 2017. The information accessed primarily includes names, Social Security numbers, birth dates, addresses, driver’s license numbers, credit card numbers and certain other documents with personal identifying information.
Equifax has established a dedicated website to help you determine if your personal information has been potentially compromised and to sign up for credit file monitoring and identity theft protection. Click the following link to check if your information has been potentially impacted: https://trustedidpremier.com/eligibility/eligibility.html
If you have any additional questions, call Equifax at 866-447-7559 (including weekends) from 7:00 a.m. – 1:00 a.m. Eastern Time.
While we all hope for the best, we sometimes need to plan for the worst. A little forethought and planning can go a long way to help ensure your home and family are protected. These home safety tips can help you get started on building a plan to ensure your home has the proper safety measures in place.
- Fire Extinguisher – At the minimum, make sure you have a fire extinguisher in the garage and kitchen. If you have a two-story home, it is also advisable to have one upstairs as well.
- Escape Ladder – If you have a two-story home, make sure you have an escape ladder and teach your family how to use it. Depending on the size of your house, it would be advisable to have one at each end of your home.
- Emergency Plan – Put an emergency plan into place and practice it regularly with your family. Walk them through what to do in case of a fire, a break in, or someone needing medical attention.
- Peephole – If your home does not have a clear view of who is at the front door, consider installing a peephole. It is an easy DIY project to help keep you safe when you don’t know who is at the door.
- Medicines and Cleaning Supplies – Keep all medicines, cleaning supplies, and chemicals locked up and out of reach of children. Even if children do not live in your home, a visiting curious child can find their way into a cabinet with dangerous chemicals. Make sure to keep the phone number for Poison Control on hand and easily accessible.
- Deadbolts and Locks – Make sure all exterior doors have high-quality deadbolts installed, including back doors, front door, and garage doors. If you just moved into the home, it is recommended that you change out all exterior door locks. The former homeowners may have given out keys to neighbors, friends, and family.
- Home Security System – Consider installing a monitored home security system and/or security cameras. Security systems, today, are for more than protection against burglaries. Some systems allow you to easily call police, fire or medical services in an emergency, with just the push of a button. Some security cameras also give you the ability to check in on your home throughout the day.
- Smoke Detector Batteries – Make a habit of changing your smoke detector batteries before the detector starts to beep. A good recommendation is to change them twice a year, when the time changes for daylight savings.
- Carbon Monoxide Detector – Install a carbon monoxide detector on each floor of your home. Some detectors do not need to be physically installed, only requiring you to plug them into an electrical outlet.
- Leave The Lights On – When you won’t be home until late, consider leaving a light on in your home so it appears to would-be burglars that someone is home. Since the light may be on for a while, it can also be a good idea to swap out that light bulb for an energy efficient bulb like an LED.